By Paul Sankey
Published on January 26, 2022 at 8:52 AM
Super bullish charts today, see below, especially with Hess beating. Are returns up in oils? Well, Hess just reported 85c for the quarter compared to -32c a year ago. They should put it in the growth index <wink>. But first, as the market melted down this week, somebody responded as to why, that the Fed was raising rates and World War 3 was about to start. But I just can’t get past my gut feeling […]
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By Paul Sankey
Published on November 21, 2021 at 3:55 PM
Presentation today, and commentary below: Thursday evening annoucement: major sellside meeting by ExxonMobil: “updates to their company plan” on Wednesday December 1st. Sellside invited. Virtual. Big deal for ExxonMobil. We had pondered how ExxonMobil would manage their annual capex announcement, due in December, vs their traditional strategy update due next March. We pondered if plans would be ready in time for a December update, given the scale of board and management change that has occurred […]
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By Paul Sankey
Published on November 16, 2021 at 8:57 AM
BREAKING Major European gas news, Germany regulator suspends approval of Nordstream 2. Bullish news on Shell Corning glance on high glass prices BREAKING Watchers.News: Natural gas prices in Europe soared again on Tuesday, November 16, 2021, as the German Federal Network Agency — Bundesnetzagentur — suspended the process of certifying the new Russian gas pipeline called Nord Stream 2. The pipeline was completed in September 2021 and is designed to bypass Ukraine and connect Russia […]
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